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Ironworkers Local 580 Scholarship Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562305804 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ironworkers Local 580 Scholarship Fund Inc?

Ironworkers Local 580 Scholarship Fund Inc is a nonprofit organization situated in New York City, specifically at 501 West 42nd Street, New York, NY 10036. Their primary mission is to award scholarships to the dependents of members belonging to Ironworkers Local Union 580. This financial aid initiative aims to support the educational pursuits of these dependents, demonstrating the organization's commitment to the next generation of families associated with the union.

Is Ironworkers Local 580 Scholarship Fund Inc legitimate?

Ironworkers Local 580 Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ironworkers Local 580 Scholarship Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ironworkers Local 580 Scholarship Fund Inc?

The Ironworkers Local 580 Scholarship Fund Inc is committed to providing scholarships for the dependent children of its union members. This organization's mission is to support the educational aspirations of these dependents, enabling them to pursue their academic goals and potentially contribute to their communities in the future. By offering these scholarships, the fund aims to alleviate some of the financial burden associated with higher education, making it more accessible to the dependents of union members. The scholarships are a testament to the organization's dedication to its members and their families, recognizing the importance of education in shaping the future of the next generation.

Who is the CEO of Ironworkers Local 580 Scholarship Fund Inc?

Joseph Maffei is the President of Ironworkers Local 580 Scholarship Fund Inc.

What is the revenue of Ironworkers Local 580 Scholarship Fund Inc?

Ironworkers Local 580 Scholarship Fund Inc's revenue in 2022 was $12.

Who are the executives of Ironworkers Local 580 Scholarship Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Peter Myers (Treasurer)
  • Compensation: $0
  • Related: $162,758
  • Other: $142,032
Kevin Mckeon (Rec Sec'Y)
  • Compensation: $0
  • Related: $159,163
  • Other: $142,032
Joseph Maffei (President)
  • Compensation: $0
  • Related: $8,183
  • Other: $2,257
Michael Wenzel (President)
  • Compensation: $0
  • Related: $2,200
  • Other: $0
Where can I find the form 990 for Ironworkers Local 580 Scholarship Fund Inc?

Ironworkers Local 580 Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ironworkers Local 580 Scholarship Fund Inc

Ironworkers Local 580 Scholarship Fund Inc is committed to providing financial aid in the form of scholarships to the dependent children of its union members. This nonprofit organization's mission is to support the educational aspirations of these children, recognizing the importance of higher education in shaping their future. By offering scholarships, Ironworkers Local 580 Scholarship Fund Inc aims to alleviate some of the financial burden that comes with pursuing higher education, thereby enabling these children to focus on their studies and achieve their academic goals. The organization's mission demonstrates its commitment to the well-being of its union members and their families, and its belief in the transformative power of education.

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Impact




October, 2024

Ironworkers Local 580 Scholarship Fund Inc significantly enhances educational opportunities for the dependents of union members by providing financial assistance through scholarships. By awarding scholarships specifically to the children of Ironworkers Local Union 580 members, the organization helps alleviate the financial burden of higher education, empowering these students to pursue their academic and career aspirations. This support not only fosters a culture of education within the union community but also contributes to the overall development of skilled professionals who can contribute positively to society. The impact extends beyond individual families, as educated individuals often become engaged citizens and skilled workers, creating a ripple effect that benefits the broader community and economy in New York.




This information is meant to be a general summary of Ironworkers Local 580 Scholarship Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$12 (2022)
Expenses
$1,325 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12
  • Gross Receipts: $12

Assets and Liabilities:

  • Total Assets: $120,404
  • Total Liabilities: $0
  • Net Assets: $120,404

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Organization Details

Founding Year

2000

Principal Officer

Joseph Maffei

Main Address

501 WEST 42ND STREET, NEW YORK, NY, 10036

NTEE Category

Code: B82 - Education

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